SPOT - Spotify Technology S.A.

NYSE - NYSE Delayed Price. Currency in USD
148.34
-3.50 (-2.31%)
At close: 4:01PM EST
Stock chart is not supported by your current browser
Previous Close151.84
Open152.08
Bid148.25 x 1300
Ask150.00 x 1300
Day's Range146.62 - 152.65
52 Week Range110.57 - 161.38
Volume1,273,073
Avg. Volume1,431,646
Market Cap25.899B
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-7.63
Earnings DateFeb 04, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est165.19
  • Spotify Is Said to Be in Talks to Buy the Ringer in Sports Push
    Bloomberg

    Spotify Is Said to Be in Talks to Buy the Ringer in Sports Push

    (Bloomberg) -- Spotify Technology SA has considered an acquisition of the Ringer website and podcast network, according to people familiar with the situation, part of a broader push into sports content.Spotify has held talks about a deal, said the person, who asked not to be identified because the discussions are private. But it’s not clear whether the transaction will happen or how much the music-streaming giant might spend.The Ringer, backed by former ESPN analyst Bill Simmons, has built a following with sports and pop-culture coverage -- both on its website and collection of more than 30 different podcasts. That could help accelerate Spotify’s ongoing expansion into sports. The company is developing several daily shows on the topic, people familiar with the plans told Bloomberg last week.The Wall Street Journal previously reported on the talks with the Ringer, describing the discussions as early.Sports is one of the most popular genres in traditional radio and podcasting, making it a priority as Spotify builds out its slate of original and exclusive shows. The company hired Amy Hudson earlier this year to oversee sports and has talked with Barack and Michelle Obama’s production company, Higher Ground, about making shows, the Information reported previously.Spotify first signaled its interest in podcasting last February, when it acquired GimletMedia, a boutique podcast studio, and Anchor, a podcast technology platform. The company has also hired former TV executives to develop new shows.To contact the reporter on this story: Lucas Shaw in Los Angeles at lshaw31@bloomberg.netTo contact the editor responsible for this story: Nick Turner at nturner7@bloomberg.netFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Why Apple (AAPL) Stock is a Strong Buy Heading into Earnings
    Zacks

    Why Apple (AAPL) Stock is a Strong Buy Heading into Earnings

    With Apple's first quarter fiscal 2020 financial results due out on January 28, it's time for investors to see why AAPL stock appears to be a strong buy...

  • Spotify (SPOT) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Spotify (SPOT) Stock Sinks As Market Gains: What You Should Know

    Spotify (SPOT) closed at $151.81 in the latest trading session, marking a -0.42% move from the prior day.

  • Bloomberg

    Apple Music, NBA Strike Deal for Playlist, Songs in Highlights

    (Bloomberg) -- Apple Inc. and the National Basketball Association on Thursday announced a partnership that includes an Apple Music playlist featuring independent artists from an emerging label.The Base:Line playlist will have about 40 songs with a hip-hop vibe and will be refreshed weekly, Jeff Marsilio, the NBA’s senior vice president of new media distribution, said in an interview. The tracks will also be available on the NBA app and website, and will be used in game highlights shared on social media, the NBA said.Eddy Cue, Apple’s services chief and a well-known NBA fan, was involved in the deal. He said Apple is excited about the partnership and that the playlist is designed to support emerging and established independent “urban artists.”While the playlist will be maintained by Apple, many of the songs will come from UnitedMasters, a relatively new music label that connects about 190,000 independent artists to audiences through direct partnerships with brands.“There’s more supply than the conventional legacy labels can handle,” UnitedMasters founder Steve Stoute said in an interview. “Artists today are getting to audiences before getting to a record company.”Apple is relying on digital services to buoy revenue as growth of hardware products like the iPhone slows. Apple Music has more than 60 million paying subscribers, trailing Spotify Technology SA globally. New partnerships such as the NBA deal may bring in new subscribers who are fans of the game.To contact the reporters on this story: Mark Gurman in Los Angeles at mgurman1@bloomberg.net;Scott Soshnick in New York at ssoshnick@bloomberg.netTo contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Alistair Barr, Molly SchuetzFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Spotify launches playlists for dogs left home alone
    Reuters

    Spotify launches playlists for dogs left home alone

    Spotify has made playlists and a podcast for dogs to listen to in their owners' absence, after finding that nearly 74% of UK pet-owners play music for their animals. The Swedish audio-streaming business company said it has launched a podcast featuring soothing music, "dog-directed praise", stories, and messages of affirmation and reassurance narrated by actors to alleviate stress for dogs who are home alone. Meanwhile, playlists aimed at pets offer tracks selected by algorithms to match pets' characteristics such as energetic or slow.

  • Dow Jones Falls At Start Of Earnings Season, As Wells Fargo Dives 4%; Netflix, Tesla Key Movers
    Investor's Business Daily

    Dow Jones Falls At Start Of Earnings Season, As Wells Fargo Dives 4%; Netflix, Tesla Key Movers

    The major stock indexes were mixed to start Q4 earnings season. Wells Fargo dove 4% after dismal earnings results.

  • Booz Allen (BAH) Hits Fresh High: Is There Still Room to Run?
    Zacks

    Booz Allen (BAH) Hits Fresh High: Is There Still Room to Run?

    Booz Allen (BAH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

  • Spotify and Warner Chappell end dispute in India, sign global licensing deal
    TechCrunch

    Spotify and Warner Chappell end dispute in India, sign global licensing deal

    Spotify is ending its year-long dispute with Warner Music's publishing firm. The world's largest music streaming service said on Tuesday that it has inked a global licensing agreement with Warner Chappell. The announcement marks the end of their litigation before the Bombay High Court, where Warner Music was seeking an injunction to prevent Spotify from using its music in India.

  • Spotify Stock Hears Sour Notes; Netflix Stock Buoyed By Oscar Buzz
    Investor's Business Daily

    Spotify Stock Hears Sour Notes; Netflix Stock Buoyed By Oscar Buzz

    Streaming music leader Spotify Technology heard a couple of sour notes from Wall Street analysts on Monday. Meanwhile, streaming video leader Netflix earned some love from the Oscars.

  • Big Tech Breakdown: Buy Apple, Amazon & Facebook Stock in 2020?
    Zacks

    Big Tech Breakdown: Buy Apple, Amazon & Facebook Stock in 2020?

    What's going on with Apple, Amazon, and Facebook and what investors might want to do with the three tech giants in 2020...

  • Barrons.com

    Spotify Stock Is Slipping Because of a Profit Margin ‘Pipe Dream’

    Evercore ISI analyst Benjamin Black downgraded the streaming-music firm to Underperform from In Line. He wrote that “the risk/reward has tilted back in favor of rewarding shorts.”

  • MarketWatch

    Spotify stock drops after Evercore downgrade

    Shares of Spotify Technology SA are down 2.4% in Monday morning trading after analysts at Evercore ISI downgraded the stock to underperform from in-line. "For Spotify, material margin expansion likely remains a pipe dream, as rivals operate streaming music services at a loss to the benefit of broader ecosystems and labels act as an oligopoly," the analysts wrote. "We believe the stock's run from lows has been driven by increasing confidence that a new agreement with labels will improve visibility to the path to gross margin expansion, as called for in current consensus estimates. Our take is that announcements related to new label agreements will disappoint expectations." The analysts raised their price target slightly, to $115 from $110. The downgrade follows a bearish initiation from Bernstein analysts last week. Spotify shares are up 32% over the past three months, as the S&P 500 has risen 10%.

  • Stock Market Higher Ahead Of Earnings Season; Apple, Microsoft, Spotify, Tesla Key Movers
    Investor's Business Daily

    Stock Market Higher Ahead Of Earnings Season; Apple, Microsoft, Spotify, Tesla Key Movers

    The stock market was squarely higher early Monday ahead of the start of earnings season. Tesla jumped above the 500 price level for the first time.

  • Barrons.com

    Spotify Stock Is Falling Amid Growing Competition, Even After Music Streaming’s Record Year

    Spotify climbed 32% last year, but heightened competition from Apple and Amazon.com is making investors uneasy about the company’s future.

  • Apple Faces Lawsuit for Alleged Violation of Masimo Patents
    Zacks

    Apple Faces Lawsuit for Alleged Violation of Masimo Patents

    Apple (AAPL) faces lawsuit for health monitoring features of Apple Watch. Increasing legal woes could hurt its competition in the long run.

  • Benzinga

    Spotify, YouTube, Other Streaming Platforms Exceed Trillion In 2019

    The total number of streams on music streaming platforms like Spotify, YouTube, and Apple Music crossed one trillion in 2019, 30% higher than the previous year, the Nielsen survey said, as reported by the Wall Street Journal. The internet-based streamers dominate the market, constituting about 82% of the entire music consumption in the U.S., the Journal reported.

  • Is Spotify Technology SA (SPOT) Stock Outpacing Its Business Services Peers This Year?
    Zacks

    Is Spotify Technology SA (SPOT) Stock Outpacing Its Business Services Peers This Year?

    Is (SPOT) Outperforming Other Business Services Stocks This Year?

  • Apple (AAPL) Witnesses Strong Momentum in App Store, Services
    Zacks

    Apple (AAPL) Witnesses Strong Momentum in App Store, Services

    Apple (AAPL) aarecord App Store sales at the end of 2019 and strength in its services segment, which is expected to aid growth in 2020.

  • Tempur Sealy, Fiat Chrysler Automobiles, Spotify, Apple and Amazon highlighted as Zacks Bull and Bear of the Day
    Zacks

    Tempur Sealy, Fiat Chrysler Automobiles, Spotify, Apple and Amazon highlighted as Zacks Bull and Bear of the Day

    Tempur Sealy, Fiat Chrysler Automobiles, Spotify, Apple and Amazon highlighted as Zacks Bull and Bear of the Day

  • Business Wire

    Spotify Technology S.A. to Announce Financial Results for Fourth Quarter 2019

    Spotify Technology S.A. (NYSE: SPOT) will post its fourth quarter 2019 financial results and letter to shareholders on Wednesday, February 5, 2020 before market open.

  • Lennar, Spotify, Macy's: Companies to Watch
    Yahoo Finance

    Lennar, Spotify, Macy's: Companies to Watch

    Lennar, Spotify and Macy's are the Companies to Watch.

  • It's Time To Take A Second Look At The Music Streaming King
    Zacks

    It's Time To Take A Second Look At The Music Streaming King

    It's Time To Take A Second Look At The Music Streaming King

  • Spotify brings streaming ad insertion technology to podcasts
    TechCrunch

    Spotify brings streaming ad insertion technology to podcasts

    2019 was a breakout year for Spotify's podcasting efforts, and now the company is turning up the dial on its ability to monetize this popular form of audio programming. Today, at the Consumer Electronics Show in Las Vegas, Spotify is announcing Streaming Ad Insertion (SAI), its new, proprietary podcast ad technology for Spotify Podcast Ads. The technology makes key data -- like actual ad impressions, frequency, reach, plus anonymized age, gender and device type -- available to podcasters and advertisers for the first time.

  • 2019 shatters music streaming records
    Yahoo Finance Video

    2019 shatters music streaming records

    According to Nielsen Music, 2019 was a record-breaking year for music streaming as music streams in the U.S. were up 30% topping one trillion. Streaming services now account for 82% of music consumption in the U.S. Yahoo Finance’s On the Move panel breaks it down.